Answer: It is better to delete the check than void the check in order to erase all records of the transaction
Explanation:
When a check is deleted, it should be noted that such check is being removed entirely from the system and also the transaction of the check will no longer be visible anywhere in the system.
Voiding a check mean that the amount of the transaction on the check will be changed to zero but it should be ited that a record of such transaction will still be kept in QuickBooks but deleting it will help remove the transaction in QuickBooks.
When a check is voided, the check details like the check number, account, payee, memo and date will be unchanged, even though the amount will change to zero.
Therefore, the option that says that it is better to delete the check than void the check in order to erase all records of the transaction isn't true.
Answer:
The increase in weighted average number of common shares is by 6,000 shares
Explanation:
Application of treasury method is used for exercising the warrants.
Outstanding Common shares = Number of shares / Market price * Exercisable price
= 30,000 shares / $25 * $20
= 24,000 shares
After the warrants have been exercise, the increase in weighted average number of common shares is as follows:
Increase in weighted average number of shares = 30,000 shares - 24,000 shares
= 6,000 shares
Thus, the increase in weighted average number of common shares is by 6,000 shares.
Answer:
Explanation:
To calculate the<em> tip</em> you must multiply the bill by the percentage and divide by 100.
This is:
- Tip = % tip × final bill / 100
- Tip = 20% × $92.50 / 100 = $18.50 ← answer
Then, Chav should leave $18.50 for a <em>20% tip.</em>
Also, notice that when you receive the bill you should find the total before taxes and calculate the tip over such total without taxes.
In this problem, you are only given the final bill, then you cannot discriminate the value of the meal as such so you use the total value of the bill.
